S&P 500   4,145.19
DOW   32,803.47
QQQ   321.75
What to Expect from the Markets in a Recession
China July exports rise, with trade surplus at record-high
What's in Democrats' big bill? Climate, health care, savings
Shift in war's front seen as ships cleared to leave Ukraine
Demand for grocery delivery cools as food costs rise
Transit woes mount for Boston's beleaguered subway riders
Bangladesh seeks China help to repatriate Rohingya refugees
S&P 500   4,145.19
DOW   32,803.47
QQQ   321.75
What to Expect from the Markets in a Recession
China July exports rise, with trade surplus at record-high
What's in Democrats' big bill? Climate, health care, savings
Shift in war's front seen as ships cleared to leave Ukraine
Demand for grocery delivery cools as food costs rise
Transit woes mount for Boston's beleaguered subway riders
Bangladesh seeks China help to repatriate Rohingya refugees
S&P 500   4,145.19
DOW   32,803.47
QQQ   321.75
What to Expect from the Markets in a Recession
China July exports rise, with trade surplus at record-high
What's in Democrats' big bill? Climate, health care, savings
Shift in war's front seen as ships cleared to leave Ukraine
Demand for grocery delivery cools as food costs rise
Transit woes mount for Boston's beleaguered subway riders
Bangladesh seeks China help to repatriate Rohingya refugees
S&P 500   4,145.19
DOW   32,803.47
QQQ   321.75
What to Expect from the Markets in a Recession
China July exports rise, with trade surplus at record-high
What's in Democrats' big bill? Climate, health care, savings
Shift in war's front seen as ships cleared to leave Ukraine
Demand for grocery delivery cools as food costs rise
Transit woes mount for Boston's beleaguered subway riders
Bangladesh seeks China help to repatriate Rohingya refugees
TSE:EFL

Electrovaya - EFL Stock Forecast, Price & News

C$0.99
+0.01 (+1.02%)
(As of 08/5/2022 08:50 PM ET)
Add
Compare
Today's Range
C$0.97
C$1.01
50-Day Range
C$0.55
C$1.04
52-Week Range
C$0.53
C$1.54
Volume
21,384 shs
Average Volume
83,131 shs
Market Capitalization
C$145.34 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
C$3.25

Electrovaya MarketRank™ Forecast

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
228.3% Upside
C$3.25 Price Target
Short Interest
N/A
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
N/A
Insider Trading
N/A
Proj. Earnings Growth
N/A

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.78 out of 5 stars

EFL stock logo

About Electrovaya (TSE:EFL) Stock

Electrovaya Inc., together with its subsidiaries, engages in the designing, developing, and manufacturing lithium-ion advanced battery and battery systems in North America. It offers lithium-ion batteries and systems for materials handling electric vehicles, including forklifts and automated guided vehicles, as well as battery chargers to charge the batteries; electromotive power products for electric trucks, electric buses, and other transportation applications; industrial products for energy storage; and power solutions, such as building systems for third parties. The company was formerly known as Electrofuel Inc. and changed its name to Electrovaya Inc. in March 2002. Electrovaya Inc. was founded in 1996 and is headquartered in Mississauga, Canada.

Analyst Ratings Changes

Separately, HC Wainwright started coverage on Electrovaya in a report on Monday, May 23rd. They set a "buy" rating and a C$3.25 price target on the stock.

Electrovaya Price Performance

TSE:EFL traded up C$0.01 during mid-day trading on Friday, reaching C$0.99. 21,385 shares of the company's stock traded hands, compared to its average volume of 83,131. Electrovaya has a 12-month low of C$0.53 and a 12-month high of C$1.54. The firm has a market capitalization of C$145.34 million and a price-to-earnings ratio of -13.38. The company has a 50 day moving average price of C$0.74 and a 200-day moving average price of C$0.79.

Electrovaya (TSE:EFL - Get Rating) last announced its quarterly earnings results on Tuesday, May 10th. The company reported C($0.03) earnings per share (EPS) for the quarter. The company had revenue of C$5.43 million during the quarter. As a group, analysts forecast that Electrovaya will post 0.0386667 EPS for the current year.

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EFL Stock News Headlines

Electrovaya Reports Q2 FY2022 Results
See More Headlines
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EFL Company Calendar

Last Earnings
5/10/2022
Today
8/08/2022
Next Earnings (Estimated)
8/08/2022

Industry, Sector and Symbol

Industry
Electronic Components
Sub-Industry
N/A
CIK
N/A
Fax
N/A
Employees
37
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
C$3.25
High Stock Price Forecast
C$3.25
Low Stock Price Forecast
C$3.25
Forecasted Upside/Downside
+228.3%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
1 Analysts

Profitability

Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
C$11.61 million
Cash Flow
C$0.01 per share
Book Value
C($0.04) per share

Miscellaneous

Free Float
N/A
Market Cap
C$145.34 million
Optionable
Not Optionable
Beta
N/A

Key Executives

  • Dr. Sankar Das Gupta DIC (Age 71)
    Ph.D., Exec. Chairman
    Comp: $296.37k
  • Dr. Rajshekar Das Gupta Ph.D.
    CEO & Director
  • Dr. James K. Jacobs MA (Age 72)
    Ph.D., Co-Founder & Independent Director
    Comp: $7.89k
  • Mr. John Gibson
    Chief Financial Officer
  • Mr. Jason Roy
    Director of Investor Relations & Communications













EFL Stock - Frequently Asked Questions

Should I buy or sell Electrovaya stock right now?

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Electrovaya in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" Electrovaya stock.
View analyst ratings for Electrovaya
or view top-rated stocks.

What is Electrovaya's stock price forecast for 2022?

1 Wall Street analysts have issued twelve-month price objectives for Electrovaya's shares. Their EFL stock forecasts range from C$3.25 to C$3.25. On average, they expect Electrovaya's stock price to reach C$3.25 in the next year. This suggests a possible upside of 228.3% from the stock's current price.
View analysts' price targets for Electrovaya
or view top-rated stocks among Wall Street analysts.

How has Electrovaya's stock performed in 2022?

Electrovaya's stock was trading at C$0.93 at the beginning of 2022. Since then, EFL stock has increased by 6.5% and is now trading at C$0.99.
View the best growth stocks for 2022 here
.

When is Electrovaya's next earnings date?

Electrovaya is scheduled to release its next quarterly earnings announcement on Monday, August 8th 2022.
View our earnings forecast for Electrovaya
.

How were Electrovaya's earnings last quarter?

Electrovaya Inc. (TSE:EFL) issued its earnings results on Tuesday, May, 10th. The company reported ($0.03) earnings per share (EPS) for the quarter. The company earned $5.43 million during the quarter.

What other stocks do shareholders of Electrovaya own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Electrovaya investors own include Redknee Solutions (RKN), Artis Real Estate Investment Trust Unit (AX.UN), B2Gold (BTO), Cominar REIT (CUF.UN), Nemaska Lithium (NMX), OrganiGram (OGI), Aurora Cannabis (ACB), AutoCanada (ACQ), AltaGas (ALA) and

What is Electrovaya's stock symbol?

Electrovaya trades on the Toronto Stock Exchange (TSX) under the ticker symbol "EFL."

How do I buy shares of Electrovaya?

Shares of EFL stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
Compare Top Brokerages Here.

What is Electrovaya's stock price today?

One share of EFL stock can currently be purchased for approximately C$0.99.

How much money does Electrovaya make?

Electrovaya (TSE:EFL) has a market capitalization of C$145.34 million and generates C$11.61 million in revenue each year.

How many employees does Electrovaya have?

Electrovaya employs 37 workers across the globe.

How can I contact Electrovaya?

Electrovaya's mailing address is 2645 Royal Windsor Dr, MISSISSAUGA, ON L5J 1K9, Canada. The official website for Electrovaya is www.electrovaya.com. The company can be reached via phone at +1-905-8554610.

This page (TSE:EFL) was last updated on 8/8/2022 by MarketBeat.com Staff

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